Market Cap ₹31762 Cr.
Stock P/E 188.8
P/B 7.5
Current Price ₹589
Book Value ₹ 78.3
Face Value 2
52W High ₹646.3
Dividend Yield 0.14%
52W Low ₹ 372.2
Laurus Labs Ltd is an India-based producer of active pharmaceutical ingredients (APIs) for anti-etrovirals (ARVs), oncology, cardiovascular, anti-diabetics, anti-asthma and gastroenterology. The Company develops and manufactures oral stable formulations, gives contract research and manufacturing services (CRAMS) and contract development and manufacturing company (CDMO) to the global pharmaceutical companies. The Company also produces special substances for nutraceuticals, dietary supplements, and cosmeceuticals. Its business gadgets includes Generics APIs, Generics Finished Dosage Forms (FDFs) and Synthesis/Ingredients. The Generics APIs enterprise accommodates the development, manufacture and sale of APIs and advanced intermediates inside the ARV, Hepatitis C, oncology, cardiovascular, anti-diabetic, anti-asthmatic, gastroenterology and ophthalmic therapeutic regions. The Generics FDFs is engaged in growing and manufacturing oral stable formulations.
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#(Fig in Cr.) | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Net Sales | 1576 | 1545 | 1381 | 1182 | 1224 | 1195 | 1440 | 1195 | 1224 | 1415 |
Other Income | 1 | 1 | 2 | 4 | 2 | 2 | 19 | 3 | 5 | 9 |
Total Income | 1577 | 1546 | 1383 | 1185 | 1226 | 1197 | 1458 | 1197 | 1228 | 1424 |
Total Expenditure | 1127 | 1141 | 1095 | 1015 | 1037 | 1014 | 1198 | 1024 | 1045 | 1130 |
Operating Profit | 450 | 405 | 287 | 170 | 190 | 184 | 260 | 174 | 183 | 295 |
Interest | 40 | 43 | 53 | 39 | 42 | 51 | 51 | 49 | 53 | 58 |
Depreciation | 82 | 84 | 87 | 91 | 93 | 98 | 102 | 106 | 108 | 106 |
Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit Before Tax | 328 | 278 | 147 | 41 | 54 | 35 | 107 | 18 | 23 | 131 |
Provision for Tax | 94 | 75 | 40 | 12 | 15 | 9 | 32 | 6 | 5 | 40 |
Profit After Tax | 234 | 203 | 107 | 28 | 39 | 25 | 75 | 12 | 18 | 91 |
Adjustments | -1 | -0 | -4 | -4 | -2 | -2 | 0 | 0 | 2 | 2 |
Profit After Adjustments | 233 | 203 | 103 | 25 | 37 | 23 | 76 | 13 | 20 | 92 |
Adjusted Earnings Per Share | 4.3 | 3.8 | 1.9 | 0.5 | 0.7 | 0.4 | 1.4 | 0.2 | 0.4 | 1.7 |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Sales | 1160 | 1327 | 1778 | 1905 | 2056 | 2292 | 2832 | 4814 | 4936 | 6041 | 5041 | 5274 |
Other Income | 9 | 34 | 4 | 33 | 29 | 16 | 6 | 24 | 15 | 6 | 26 | 36 |
Total Income | 1169 | 1361 | 1782 | 1938 | 2085 | 2308 | 2838 | 4837 | 4951 | 6047 | 5067 | 5307 |
Total Expenditure | 956 | 1131 | 1415 | 1497 | 1643 | 1936 | 2267 | 3263 | 3513 | 4448 | 4263 | 4397 |
Operating Profit | 212 | 229 | 367 | 441 | 443 | 372 | 570 | 1574 | 1438 | 1598 | 804 | 912 |
Interest | 59 | 101 | 111 | 100 | 80 | 88 | 90 | 68 | 102 | 165 | 183 | 211 |
Depreciation | 33 | 62 | 86 | 106 | 125 | 164 | 187 | 205 | 251 | 324 | 385 | 422 |
Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit Before Tax | 121 | 67 | 169 | 235 | 237 | 120 | 294 | 1301 | 1084 | 1109 | 236 | 279 |
Provision for Tax | 24 | -2 | 35 | 44 | 70 | 26 | 38 | 317 | 251 | 312 | 68 | 83 |
Profit After Tax | 97 | 68 | 134 | 191 | 168 | 94 | 255 | 984 | 832 | 797 | 168 | 196 |
Adjustments | 0 | 0 | -0 | -1 | 0 | 0 | 0 | -0 | -5 | -12 | -11 | 4 |
Profit After Adjustments | 97 | 68 | 134 | 190 | 168 | 94 | 255 | 984 | 828 | 785 | 158 | 201 |
Adjusted Earnings Per Share | 3.2 | 2.2 | 4.2 | 3.6 | 3.2 | 1.8 | 4.8 | 18.3 | 15.4 | 14.6 | 2.9 | 3.7 |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Sales CAGR | -17% | 2% | 17% | 16% |
Operating Profit CAGR | -50% | -20% | 17% | 14% |
PAT CAGR | -79% | -45% | 12% | 6% |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Share Price CAGR | 48% | -0% | 53% | NA% |
ROE Average | 4% | 18% | 23% | 20% |
ROCE Average | 7% | 19% | 22% | 18% |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Shareholder's Funds | 358 | 722 | 857 | 1330 | 1483 | 1558 | 1770 | 2598 | 3351 | 4038 | 4111 |
Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 8 | 11 | 5 |
Borrowings | 188 | 304 | 460 | 125 | 142 | 259 | 165 | 429 | 596 | 761 | 798 |
Other Non-Current Liabilities | 16 | 60 | -32 | 8 | 33 | 37 | 49 | 264 | 332 | 418 | 361 |
Total Current Liabilities | 711 | 802 | 884 | 1121 | 1307 | 1424 | 1692 | 2457 | 2681 | 2432 | 3112 |
Total Liabilities | 1273 | 1888 | 2169 | 2584 | 2964 | 3278 | 3676 | 5751 | 6968 | 7660 | 8387 |
Fixed Assets | 499 | 801 | 1021 | 1230 | 1481 | 1629 | 1726 | 2171 | 2652 | 3409 | 3890 |
Other Non-Current Assets | 197 | 223 | 145 | 214 | 235 | 186 | 138 | 505 | 971 | 790 | 662 |
Total Current Assets | 575 | 862 | 1003 | 1140 | 1248 | 1463 | 1812 | 3075 | 3345 | 3462 | 3835 |
Total Assets | 1273 | 1888 | 2169 | 2584 | 2964 | 3278 | 3676 | 5751 | 6968 | 7660 | 8387 |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Opening Cash & Cash Equivalents | 3 | 15 | 40 | 13 | 2 | 3 | 3 | 2 | 48 | 75 | 46 |
Cash Flow from Operating Activities | 121 | -65 | 182 | 332 | 342 | 298 | 347 | 733 | 911 | 994 | 666 |
Cash Flow from Investing Activities | -312 | -397 | -312 | -289 | -384 | -253 | -221 | -941 | -914 | -996 | -822 |
Cash Flow from Financing Activities | 203 | 486 | 103 | -54 | 42 | -45 | -128 | 255 | 30 | -27 | 250 |
Net Cash Inflow / Outflow | 12 | 24 | -27 | -10 | 1 | 0 | -1 | 47 | 27 | -29 | 93 |
Closing Cash & Cash Equivalent | 15 | 40 | 13 | 2 | 3 | 3 | 2 | 48 | 75 | 46 | 139 |
# | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Earnings Per Share (Rs) | 3.16 | 2.2 | 4.24 | 3.56 | 3.16 | 1.76 | 4.78 | 18.33 | 15.4 | 14.56 | 2.93 |
CEPS(Rs) | 4.23 | 4.18 | 6.99 | 5.62 | 5.53 | 4.85 | 8.28 | 22.16 | 20.17 | 20.81 | 10.26 |
DPS(Rs) | 0 | 0 | 0.4 | 0.3 | 0.3 | 0.3 | 0.5 | 2 | 2 | 2 | 0.8 |
Book NAV/Share(Rs) | 9.46 | 20.98 | 24.96 | 25.05 | 27.86 | 29.18 | 33.02 | 48.32 | 62.19 | 74.73 | 75.88 |
Core EBITDA Margin(%) | 17.47 | 14.58 | 20 | 21.1 | 19.98 | 15.53 | 19.94 | 32.22 | 28.82 | 26.36 | 15.42 |
EBIT Margin(%) | 15.4 | 12.53 | 15.47 | 17.35 | 15.32 | 9.07 | 13.53 | 28.45 | 24.03 | 21.09 | 8.32 |
Pre Tax Margin(%) | 10.37 | 4.98 | 9.33 | 12.18 | 11.47 | 5.22 | 10.37 | 27.03 | 21.96 | 18.36 | 4.69 |
PAT Margin (%) | 8.34 | 5.09 | 7.41 | 9.91 | 8.1 | 4.09 | 9.01 | 20.44 | 16.87 | 13.19 | 3.34 |
Cash Profit Margin (%) | 11.16 | 9.69 | 12.18 | 15.39 | 14.16 | 11.26 | 15.63 | 24.7 | 21.96 | 18.55 | 10.97 |
ROA(%) | 7.64 | 4.31 | 6.61 | 8.05 | 6.04 | 3 | 7.34 | 20.87 | 13.09 | 10.89 | 2.1 |
ROE(%) | 33.42 | 14.47 | 18.65 | 18.12 | 11.97 | 6.19 | 15.39 | 45.15 | 28.05 | 21.63 | 4.15 |
ROCE(%) | 19.96 | 13.74 | 16.35 | 16.52 | 13.68 | 8.22 | 14.14 | 39.82 | 25.97 | 22.97 | 6.64 |
Receivable days | 61.02 | 65.47 | 73.56 | 95.66 | 100.4 | 101.97 | 96.76 | 79.52 | 98.37 | 88.66 | 117.42 |
Inventory Days | 102.73 | 109.61 | 97 | 94.12 | 96.48 | 100.87 | 102.29 | 94.05 | 123.34 | 104.09 | 127.81 |
Payable days | 115.25 | 101.84 | 87.3 | 94.21 | 99.44 | 119.3 | 145.69 | 155.37 | 175.76 | 106.1 | 135.42 |
PER(x) | 0 | 0 | 0 | 28.91 | 31.83 | 45.38 | 13.51 | 19.75 | 38.31 | 20.12 | 133.9 |
Price/Book(x) | 0 | 0 | 0 | 4.11 | 3.61 | 2.74 | 1.95 | 7.49 | 9.49 | 3.92 | 5.16 |
Dividend Yield(%) | 0 | 0 | 0 | 0.29 | 0.3 | 0.38 | 0.77 | 0.55 | 0.34 | 0.68 | 0.2 |
EV/Net Sales(x) | 0.52 | 0.64 | 0.61 | 3.3 | 3.07 | 2.31 | 1.59 | 4.33 | 6.76 | 2.93 | 4.66 |
EV/Core EBITDA(x) | 2.81 | 3.68 | 2.95 | 14.25 | 14.26 | 14.21 | 7.9 | 13.23 | 23.2 | 11.08 | 29.21 |
Net Sales Growth(%) | 0 | 14.39 | 34 | 7.15 | 7.96 | 11.47 | 23.55 | 69.99 | 2.54 | 22.39 | -16.55 |
EBIT Growth(%) | 0 | -6.62 | 67.08 | 19.61 | -5.38 | -34.42 | 84.28 | 257.33 | -13.37 | 7.41 | -67.09 |
PAT Growth(%) | 0 | -29.93 | 96.91 | 42.64 | -12.4 | -44.06 | 172.25 | 285.4 | -15.39 | -4.3 | -78.89 |
EPS Growth(%) | 0 | -30.27 | 92.45 | -15.95 | -11.31 | -44.27 | 171.04 | 283.84 | -15.98 | -5.42 | -79.91 |
Debt/Equity(x) | 1.54 | 1.14 | 1.2 | 0.64 | 0.66 | 0.67 | 0.6 | 0.56 | 0.52 | 0.49 | 0.61 |
Current Ratio(x) | 0.81 | 1.07 | 1.13 | 1.02 | 0.95 | 1.03 | 1.07 | 1.25 | 1.25 | 1.42 | 1.23 |
Quick Ratio(x) | 0.35 | 0.48 | 0.58 | 0.56 | 0.51 | 0.55 | 0.54 | 0.61 | 0.59 | 0.73 | 0.64 |
Interest Cover(x) | 3.06 | 1.66 | 2.52 | 3.35 | 3.98 | 2.36 | 4.28 | 20.09 | 11.59 | 7.71 | 2.29 |
Total Debt/Mcap(x) | 0 | 0 | 0 | 0.15 | 0.18 | 0.24 | 0.31 | 0.07 | 0.05 | 0.12 | 0.12 |
# | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 27.27 | 27.2 | 27.2 | 27.2 | 27.2 | 27.19 | 27.19 | 27.18 | 27.18 | 27.62 |
FII | 22.65 | 21.89 | 22.4 | 22.52 | 24.03 | 25.39 | 25.97 | 25.67 | 26.08 | 25.56 |
DII | 9.33 | 9.53 | 9.75 | 10.35 | 11.01 | 11.13 | 11.77 | 13.56 | 13.05 | 12.74 |
Public | 40.75 | 41.39 | 40.64 | 39.93 | 37.76 | 36.29 | 35.07 | 33.59 | 33.69 | 34.08 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
# | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 14.65 | 14.65 | 14.65 | 14.65 | 14.65 | 14.65 | 14.65 | 14.65 | 14.65 | 14.9 |
FII | 12.17 | 11.79 | 12.07 | 12.13 | 12.94 | 13.68 | 14 | 13.84 | 14.06 | 13.78 |
DII | 5.02 | 5.13 | 5.25 | 5.57 | 5.93 | 6 | 6.34 | 7.31 | 7.03 | 6.87 |
Public | 21.9 | 22.29 | 21.89 | 21.51 | 20.34 | 19.56 | 18.9 | 18.11 | 18.17 | 18.38 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 53.74 | 53.87 | 53.87 | 53.87 | 53.87 | 53.9 | 53.9 | 53.92 | 53.92 | 53.93 |
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